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The interesting thing is Not only does the purchase of more than 12 million shares support the stock price, but also the assumption that its main owner, Stefan Persson, could buy clothes on the stock exchange, Daniel said. Schmidt, who has a recommendation to buy on the shares.
"Ikea would be an ideal partner if Persson decided to take the company out of the stock market, "he told Bloomberg.
The news of yesterday that H & M The removal of the Cheap Monday brand was also welcomed by the market, especially because the decision indicates an action.
"H & M has gone from planning to realization and attention has shifted to what it should be – the H & M brand.
Since September 13th, the H & M share has increased by almost 37% and in principle has taken over the entire loss of the year, which was at the time of writing only -0.9%. For the day, the stock is up 0.4%.
Stefan Persson has In November, close to 7.5 million H & M shares were purchased and, according to Holdings data, held by 46.48% of the capital and 73.98% of the votes.
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